(Oil and Gas 360) – HOUSTON, Oct. 29, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced a series of transactions that will result in a complete exit from its interests in East Texas, for a total anticipated combined consideration of $127.5 million: Haynesville Monetization Transaction: Amplify has sold its remaining interest in
(Oil and Gas 360) – DENVER–(BUSINESS WIRE)– BKV Corporation (“BKV” or the “Company”) (NYSE: BKV) and Banpu Power US Corporation (“BPPUS”) today announced that they have entered into a definitive purchase agreement (the “Purchase Agreement”) pursuant to which BKV will acquire from BPPUS one-half of BPPUS’ interest in BKV-BPP Power, LLC (“BKV-BPP Power” or the “Power JV”) such that at the
(World Oil) – The Trump administration is ruling out selling offshore oil and gas leases along the U.S. East Coast, after its initial plan for auctioning them drew alarm from Republican strongholds in the Southeast. The shift in thinking comes after the White House earlier contemplated a more expansive approach to auctioning offshore drilling rights, having drafted plans for potential
(Oil & Gas 360)– Growing demands for sustainability have long underscored the need for the oil and gas sector to reduce its environmental impact. Now, with the emergence of innovative solutions, the industry is entering a transformative phase — reimagining the future of energy. In this time of change, DECARBON 2026 convenes market leaders from across the oil and gas
(Oil Price) – The tariff offensive that President Trump is leading against trade partners across the world will deal a blow to the oil and gas industry next year, according to a report by Deloitte. The consultancy, as quoted by Reuters, noted that the oil and gas industry relies on international supply chains that stand to be affected by tariffs, leading to cost
(World Oil) – The world’s biggest oil companies are expected to press ahead with plans to accelerate production growth when they report earnings this week, despite weak crude prices and higher supplies from OPEC and its allies. Exxon Mobil Corp., Chevron Corp., Shell Plc, bp Plc and TotalEnergies SE will likely grow output 3.9% this year and 4.7% in 2026, according
(Investing) – Oil prices steadied Wednesday as renewed military action between Israel and Hamas threatened to upset a recent ceasefire, although caution before the conclusion of a Federal Reserve meeting kept traders to the sidelines. At 08:40 ET (12:40 GMT), Brent oil futures for December rose 0.1% to $63.86 a barrel, and West Texas Intermediate crude futures traded largely unchanged at $60.15 a barrel. Oil
Weekly Crude Oil Storage as of October 24, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 6.9 million barrels from the previous week. At 416.0 million barrels, U.S. crude oil inventories are 6% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data,
